News for 'Dado Ruvic'

US, India envoys in China review strategic ties, trade push

US, India envoys in China review strategic ties, trade push

Rediff.com10 Feb 2026

David Perdue said in a post on X that the US-India relationship delivers real results through close cooperation in diverse areas, including defence, energy and through Quad engagement.

Forex kitty drops to $698 bn; value of gold...crosses $100 bn

Forex kitty drops to $698 bn; value of gold...crosses $100 bn

Rediff.com18 Oct 2025

India's forex reserves dropped by $2.18 billion to $697.79 billion during the week ended October 10, according to the Reserve Bank data released on Friday. In the previous reporting week, the overall kitty had decreased by $276 million to $699.96 billion.

Republican push to end H-1B visas sparks fresh immigration row

Republican push to end H-1B visas sparks fresh immigration row

Rediff.com10 Feb 2026

US Representative Greg Steube, a Republican from Florida, introduced the 'Ending Exploitative Imported Labour Exemptions Act or EXILE Act', a bill that would amend the Immigration and Nationality Act by ending the H-1B visa programme.

Forex reserves jump by $4.5 billion to $702.28 billion

Forex reserves jump by $4.5 billion to $702.28 billion

Rediff.com24 Oct 2025

India's forex reserves increased by $4.496 billion to $702.28 billion for the week ended October 17, as the value of gold reserves rose further, the RBI said on Friday.

Mohamed Nasheed: Democratic Institutions, Not Bombing, Can Bring Change

Mohamed Nasheed: Democratic Institutions, Not Bombing, Can Bring Change

Rediff.com1 days ago

Former Maldives President Mohamed Nasheed advocates for building democratic institutions over military intervention in resolving international conflicts, particularly in the context of the escalating West Asia crisis. He also discusses the impact of the conflict on the Maldives' tourism-dependent economy and calls for a stronger, more understanding India in the Indian Ocean Region.

ITC's profit flat on labour Code effect

ITC's profit flat on labour Code effect

Rediff.com30 Jan 2026

Cigarette-to-soap conglomerate ITC on Thursday reported a consolidated net profit (attributable to owners) of Rs 4,931.19 crore for the third quarter (October-December/Q3) of 2025-26 (FY26), affected by a one-time provision related to the new labour codes and a base effect from an exceptional item in Q3 of 2024-25. In the year-ago period, net profit had stood at Rs 4,934.8 crore.

India's forex reserves drop below $700 bn

India's forex reserves drop below $700 bn

Rediff.com10 Oct 2025

India's forex reserves fell by $276 million to $699.96 billion during the week ended October 3, according to RBI data. In the previous reporting week, India's forex reserves had dropped by $2.33 billion to $700.24 billion.

RIL denies report on Russia oil purchase

RIL denies report on Russia oil purchase

Rediff.com7 Jan 2026

Shares of Reliance Industries Limited (RIL) tumbled on Tuesday, posting its biggest single-day decline in 19 months, amid controversy over its purchase of Russian oil and profit-booking after recent gains.

'Oil Could Cross $100 A Barrel'

'Oil Could Cross $100 A Barrel'

Rediff.com7 days ago

'Oil is still well below its all-time highs, and the world is gradually running out of known reserves.'

Cloudflare outage hits X, ChatGPT, Google Cloud globally

Cloudflare outage hits X, ChatGPT, Google Cloud globally

Rediff.com19 Nov 2025

Popular gaming titles League of Legends and Valorant were also impacted.

Forex reserves drop by $396 mn to $703 billion

Forex reserves drop by $396 mn to $703 billion

Rediff.com26 Sep 2025

India's forex reserves dropped by $396 million to $703 billion for the week ended September 19, according to the RBI data. In the previous reporting week, the overall reserves had jumped by $4.7 billion to $703 billion.

Piyush Goyal to visit US for trade talks on Sep 22

Piyush Goyal to visit US for trade talks on Sep 22

Rediff.com20 Sep 2025

A delegation led by Commerce and Industries Minister Piyush Goyal will visit the United States for trade talks on September 22, the commerce ministry said on Saturday.

FinMin: No Directions Given to LIC on Investments

FinMin: No Directions Given to LIC on Investments

Rediff.com2 Dec 2025

'LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance.'

Infosys buyback opens Nov 20: Date, tax payable, should you tender shares?

Infosys buyback opens Nov 20: Date, tax payable, should you tender shares?

Rediff.com20 Nov 2025

Shares of Infosys surged nearly 4 per cent on Wednesday, a day before the opening of the tender window for its Rs 18,000-crore share repurchase programme. The buyback, which will see the company repurchase 100 million outstanding shares at Rs 1,800 each, will remain open until November 26.

AI adoption in MSMEs can unlock over $500 bn value: BCGX-FICCI report

AI adoption in MSMEs can unlock over $500 bn value: BCGX-FICCI report

Rediff.com18 Dec 2025

Adoption of Artificial Intelligence (AI) in India's 64 million Micro, Small and Medium Enterprises (MSMEs) alone could unlock over $500 billion in economic value, but the country must pivot from an "adopt-first" to an "invent-first" mindset to realise this potential, according to a new report.

India's forex reserves jump $4.7 bn to $702.97 bn

India's forex reserves jump $4.7 bn to $702.97 bn

Rediff.com19 Sep 2025

India's forex reserves jumped $4.7 billion to $702.97 billion for the week ended September 12, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves had increased $4.04 billion to $698.27 billion.

India's exports to US up 22.6% to $7 bn in Nov

India's exports to US up 22.6% to $7 bn in Nov

Rediff.com15 Dec 2025

After recording negative growth for two consecutive months, India's merchandise exports to the US rose 22.61 per cent to $6.98 billion in November despite steep 50 per cent tariffs on domestic goods, according to commerce ministry data. Imports during the month grew 38.29 per cent to $5.25 billion, the data showed.

Adani Power gets relief as SC nixes SEZ electricity duty

Adani Power gets relief as SC nixes SEZ electricity duty

Rediff.com6 Jan 2026

Customs duty cannot be levied on electricity supplied from a special economic zone (SEZ) to the domestic market, ruled the Supreme Court on Monday while upholding Adani Power's appeal against a 2019 judgment of the Gujarat high court. The 2019 judgment had denied relief to Adani Power from Customs duty on electricity supplied from its Mundra SEZ unit to the domestic tariff area (DTA).

Forex reserves jump $4 bn to $698.27 bn

Forex reserves jump $4 bn to $698.27 bn

Rediff.com12 Sep 2025

India's forex reserves jumped $4.04 billion to $698.27 billion during the week ended September 5 on the back of a sizeable increase in value of gold reserves, the RBI data said on Friday.

Texas governor orders freeze on new H-1B visas; Indians likely to be hit

Texas governor orders freeze on new H-1B visas; Indians likely to be hit

Rediff.com28 Jan 2026

Texas Governor Greg Abbott has directed state agencies and public universities to suspend new H-1B visa petitions through May 2027, a move likely to affect Indian professionals. The order comes amid ongoing debate over skilled immigration and potential impacts on academic research and innovation.

Forex reserves drop $4.39 bn to $690.72 bn

Forex reserves drop $4.39 bn to $690.72 bn

Rediff.com29 Aug 2025

India's forex reserves dropped $4.39 billion to $690.72 billion for the week ended August 22, the Reserve Bank of India (RBI) said on Friday. The overall reserves had jumped $1.49 billion to $695.11 billion in the previous reporting week.

Why India-US Trade Deal Is Key For Growth

Why India-US Trade Deal Is Key For Growth

Rediff.com23 Feb 2026

The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Rediff.com11 Jan 2026

Under the new rules, users must take a "live selfie" using software that verifies their presence, typically through eye-blinking or head movement. The measure helps prevent the use of static photos or deepfakes.

India will lower tariffs on wide range of US goods to zero per cent: Greer

India will lower tariffs on wide range of US goods to zero per cent: Greer

Rediff.com4 Feb 2026

The US said India will lower tariffs on a "vast array" of American industrial and agricultural goods, such as "fruits, vegetables", to zero per cent under the trade deal announced by President Donald Trump.

TCS, TPG to invest Rs 18,000 cr in data centre biz

TCS, TPG to invest Rs 18,000 cr in data centre biz

Rediff.com20 Nov 2025

The country's largest IT services company TCS on Thursday announced a tie-up with private equity major TPG for its upcoming data centre business, in which both the partners aim to invest Rs 18,000 crore. TPG will invest $1 billion or around Rs 8,870 crore in the AI data centre business christened as 'Hypervault', and hold a stake between 27.5-49 per cent in the venture.

Forex reserves rise by $1.49 bn to $695.1 bn

Forex reserves rise by $1.49 bn to $695.1 bn

Rediff.com22 Aug 2025

India's forex reserves rose by $1.49 billion to $695.106 billion during the week ended August 15, according to RBI data released on Friday. In the previous reporting week, the overall reserves had increased by $4.75 billion to $693.62 billion.

India flags 'huge mountain of debt' in developed nations as matter of concern

India flags 'huge mountain of debt' in developed nations as matter of concern

Rediff.com22 Jan 2026

The "huge mountain of debt" in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesday, pointing to the recent spike in Japanese bond yields.

New labour codes drag HCLTech Q3 profit to Rs 4,076 crore

New labour codes drag HCLTech Q3 profit to Rs 4,076 crore

Rediff.com12 Jan 2026

IT services firm HCLTech on Monday reported a 11.2 per cent decline in consolidated net profit to Rs 4,076 crore in the October-December quarter of FY26.

TCS Q3 profit drops 14 pc to Rs 10,657 cr; headcount dips another 11,000

TCS Q3 profit drops 14 pc to Rs 10,657 cr; headcount dips another 11,000

Rediff.com12 Jan 2026

The country's largest IT services company TCS on Monday reported 13.91 per cent decline in December quarter net profit at Rs 10,657 crore. The Tata Group company had posted a net profit of Rs 12,380 crore in the October-December period of FY25 and Rs 12,075 crore in the preceding September quarter.

FDI rises 18% to $35.18 bn in Q2FY26; inflow from US doubles

FDI rises 18% to $35.18 bn in Q2FY26; inflow from US doubles

Rediff.com1 Dec 2025

Foreign direct investment (FDI) in India rose 18 per cent to $35.18 billion during April-September this fiscal year, while the inflow from the US more than doubled to $6.62 billion during the first half of this fiscal, according to government data released on Monday. Foreign Direct Investment (FDI) during April-September FY24 stood at $29.79 billion.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Trump's tariff junked: What it means for Indian companies

Trump's tariff junked: What it means for Indian companies

Rediff.com21 Feb 2026

India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.

Cognizant Reports Strong Q4 Growth, Fueled by AI and Large Deals

Cognizant Reports Strong Q4 Growth, Fueled by AI and Large Deals

Rediff.com5 Feb 2026

Cognizant reported a significant increase in net income for the December quarter, driven by AI efficiencies and strong performance in the financial services sector. The company also announced a major deal and provided guidance for the upcoming year.

Forex reserves rise by $2.7 bn to $698.2 bn

Forex reserves rise by $2.7 bn to $698.2 bn

Rediff.com1 Aug 2025

India's forex reserves rose by $2.7 billion to $698.19 billion during the week ended July 25, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped $1.183 billion to $695.489 billion.

TCS rolls out 4.5-7% salary hikes for majority staff

TCS rolls out 4.5-7% salary hikes for majority staff

Rediff.com2 Sep 2025

Country's largest IT services company TCS has rolled out salary hikes in the range of 4.5-7 per cent for a majority of its employees, sources said on Tuesday.

Shot putter Jasmine suspended after failing dope test

Shot putter Jasmine suspended after failing dope test

Rediff.com9 Jul 2025

Jasmine Kaur has been provisionally suspended by the National Anti-Doping Agency (NADA) for failing a dope test.

Hormuz Crisis Threatens Global Economy

Hormuz Crisis Threatens Global Economy

Rediff.com1 days ago

When missiles fly in this region, they are never just aimed at military targets.

Forex reserves drop $9.32 bn to $688.87 bn

Forex reserves drop $9.32 bn to $688.87 bn

Rediff.com8 Aug 2025

India's forex reserves dropped by $9.32 billion to $688.87 billion for the week ended August 1 in one of the highest declines in the recent past, the RBI data showed on Friday. The overall reserves rose by $2.7 billion to $698.19 billion in the previous reporting week.

Thousands of H-1B visa interviews deferred for social media review

Thousands of H-1B visa interviews deferred for social media review

Rediff.com10 Dec 2025

The US has postponed thousands of H-1B visa interviews in India, citing enhanced vetting measures including scrutiny of social media profiles. The delays are impacting applicants who were scheduled for interviews from December 15 onwards, with new dates being pushed back by several months.

Bengaluru-born is Apple's new boss of AI

Bengaluru-born is Apple's new boss of AI

Rediff.com3 Dec 2025

Amar Subramanya's appointment comes as John Giannandrea, Apple's senior vice-president for machine learning and AI Strategy, prepares to step down, transitioning to an advisory role before retiring in spring 2026.